SAP FI01: How to Create a BANK KEY

Procedure to Create a Bank Key in SAP

In this tutorial, we will learn How to Create a Bank Key

Step 1) Enter FI01 into the SAP transaction code box

Step 2) In the next SAP Screen

• Enter the Bank Country.
• Enter the new Bank Key.
• Click Enter Button

Step 3) In the next SAP screen, under the Address section

• Enter the Bank’s name.
• Select the appropriate region.
• Enter the bank’s street address.
• Enter the Bank’s city.
• Enter the appropriate branch name

Step 4) In the control data section

• Enter the bank’s SWIFT code
• Enter the bank’s group
• Tick the Post. Bank Acct checkbox

Step 5) Click Save .  A new Bank Key is created.